Scholastic Corp. (SCHL) reported a third quarter net loss of $0.10 per share Thursday morning, compared to the loss of $0.81 per share last year. The consensus estimate was for an EPS loss of $0.70. The company expects to report full year 2012 earnings per share from continuing operations between $2.60 and $2.90.
Scholastic gapped up sharply Thursday, but traded in a range for the bulk of the session. The stock closed up by 4.16 at $36.36 on the highest volume of the year. Scholastic broke out past resistance and set a new high for the year.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.